The Pakistan economy and a significant proportion of its population depends on the flows of remittances from overseas workers and…
Browsing: Remittance
Remittances play a very important role in eliminating poverty of a nation. Remittances not only reflect the domestic labor working…
Migrant remittances can play a critical role in the economic development of low/middle-income countries. Remittances to developing countries are generally…
Ramazan is that time of the year when expatriates send money to their loved ones back home so that they…
The State Bank of Pakistan (SBP) has asked all foreign exchange companies to make sure their business is in compliance…
WORKERS’ REMITTANCES (Million US Dollars) Item Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 I. Cash Flow 1,654.45 1,576.72 1,723.57 1,638.72…
Many economists advise that the remittances are the second largest source of financing after Foreign Direct Investment (FDI) in developing…
In the wake of grey listing of Pakistan by the inter-governmental Paris based Financial Action Task Force (FATF), State Bank…
Problem & context Remittances represent significant financial flows between both developing and developed countries that have rapidly increased in volume…
Home remittances and money sent back by Pakistanis working abroad have financed the bulk of Pakistan’s trade deficit for the…
In a scenario of consistently increasing flow of migrants remittances despite slow down in economically rich countries who deploy major…
The government has failed to adopt what is normally termed ‘any marketing strategy’ to boost manpower exports with a view…
Interview with Dr. Ayub Mehar — an economist [box type=”shadow” align=”” class=”” width=””]Profile: Dr. Ayub Mehar is currently serving as…
Presently, remittance constitutes an important portion of the Gross Domestic Products in various states. The United Nations projects that between…
[dropcap]A[/dropcap]ccording to Investopedia’s definition, “Fintech is a portmanteau of financial technology that describes an emerging financial services sector in the…
[dropcap]S[/dropcap]ome of the critics raise serious concerns that Pakistan is suffering substantially due to brain drain. However, the other point…
[dropcap]T[/dropcap]he government placed the remittances data for the three quarters of the current fiscal year before the National Assembly, showing…
[dropcap]O[/dropcap]nce a saving grace, remittances have been under pressure since quite a while now. Remittance inflows in Pakistan are not…
Interview with Mr Irfan Siddiqui — President and CEO, Meezan Bank [box type=”shadow” align=”” class=”” width=””]Profile: Mr Irfan Siddiqui is…
Interview with Dr Amjad Waheed — CFA, Chief Executive Officer, NBP Fullerton Asset Management Limited (NAFA) [box type=”shadow” align=”” class=””…
[dropcap]W[/dropcap]hile remittances to South Asian countries from the Gulf Cooperation Council (GCC) countries declined by 2.3 percent in 2016, Pakistan…
[dropcap]T[/dropcap]he remittance market for sending foreign exchange into Pakistan using remittance transfers both by overseas workers and the rest of…
[dropcap]W[/dropcap]hile a large percentage of remittances are sent through informal channels, formalization of remittance transfers makes the process more secure…
Gov quarters and private sector must jointly find out a methodology for increasing the exports to control trade deficit: LCCI…